Kottayam: Spot rubber increased creating yet another historic high on May 16. A bullish closing in global rubber prices helped the domestic market to regain strength and sheet rubber RSS 4 ended better at Rs 121 against Rs 120 a kg on May 15. The grade (spot) increased to Rs 128.06 (127.18) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 121 (120); RSS-5: 118.50 (118); Ungraded: 116 (115); ISNR 20: 117.50 (116.50) and latex 60%: 82.50 (82.50).
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